Category: Cryptocurrency

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VIENNA, June 10, 2025 /PRNewswire/ — Double reinforcement for KuCoin EU: With the appointment of Christian Derler as Chief Commercial Officer (CCO) and Managing Director for KuCoin EU Financial Services GmbH & Tamara Rubey as General Counsel and Managing Director of KuCoin EU Payment Services GmbH, the company’s four-member leadership team is now complete. KuCoin EU is currently undergoing the MiCAR licensing process with the Austrian Financial Market Authority (FMA) and is strategically building on experienced leadership with deep expertise in banking, payments, and crypto regulation.

Christian Derler brings more than 20 years of experience in traditional banking. Most recently, he led the Depositing, Asset Management and Private Banking Division at BKS Bank. At KuCoin EU, he will oversee Business Development & Sales, Marketing & Growth, along with other key operational functions.

Tamara Rubey is a lawyer with previous roles at PSA, Coinpanion, and Bitpanda, bringing strong expertise in crypto regulation and payment services. She is recognized as an expert in payments. At KuCoin EU, she will serve as General Counsel, managing legal and regulatory affairs and leading KuCoin EU Payment Services GmbH.

“I see a once-in-a-lifetime opportunity. KuCoin EU offers the perfect platform to apply my leadership experience and industry expertise – and be part of a real movement for the future,” says Christian Derler. “We’re building a product offering for Europe that will set new industry standards. The combination of global strength and European innovation is truly unique.”

Oliver Stauber, CEO of KuCoin EU on the new appointments:

“With Christian Derler and Tamara Rubey, we’re bringing in two top-tier professionals who perfectly complement our leadership team. Christian offers deep market knowledge and strategic insight from two decades in banking and finance, while Tamara elevates our legal capabilities with regulatory precision and a strong digital mindset. Together with COO Christian Niedermüller, our executive team is now ideally positioned to establish KuCoin EU as a strong force in Europe.”

BC Wong, CEO of KuCoin, adds:

“Operating securely and compliantly has always been a core strategy and unwavering commitment for KuCoin. From initiating the MiCAR license application to building a local presence in Europe and onboarding seasoned professionals with traditional finance and legal backgrounds—these are all deliberate steps in fulfilling that promise. And this is just the beginning. We will continue to build a secure and trustworthy platform for users across the globe.”

Four Managing Directors Leading KuCoin EU in Europe

KuCoin EU’s leadership team now consists of CEO Oliver Stauber, COO Christian Niedermüller, CCO Christian Derler, and General Counsel Tamara Rubey.

About KuCoin EU

KuCoin EU Exchange GmbH, based in Vienna, Austria, is committed to establishing a fully compliant digital asset brokerage under the MiCAR framework. By leveraging KuCoin’s advanced technology and nurturing the respected KuCoin brand, KuCoin EU aims to deliver secure and innovative crypto products and services to its customers within the European Economic Area (EEA).

KuCoin EU Exchange GmbH currently does not offer any services in the EU/EEA and will only commence operation upon receiving appropriate licensing.

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SOURCE KuCoin

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Crypto ETF inflows surged last week as investor appetite for digital assets rebounded sharply, led by Ethereum products and strategic Bitcoin purchases by major institutional players. According to CoinShares, digital asset investment products recorded a net total of $224 million in inflows, signaling renewed confidence in the crypto market despite volatility tied to macro-political tensions.

Ethereum ETFs Lead the Charge

Ethereum-based exchange-traded products dominated the flow charts, drawing $296.4 million in inflows, marking the seventh consecutive week of positive movement. That brings Ethereum ETF inflows to $1.5 billion over the last two months — accounting for 10.5% of total assets under management in ETH-linked funds, according to CoinShares’ Head of Research, James Butterfill.

These steady gains underscore growing institutional confidence in Ethereum’s long-term value proposition, especially as its transition to proof-of-stake and scalability upgrades continue to mature.

Bitcoin ETFs See Outflows, But IBIT Breaks Records

In contrast, Bitcoin ETFs recorded $56.5 million in outflows for the week — the second consecutive week of investor pullback. However, there were signs of a mid-week reversal, with U.S. spot Bitcoin ETFs noting brief inflows on Tuesday and Wednesday before returning to outflows on Thursday.

That volatility coincided with a political clash between Donald Trump and Tesla (NASDAQ:TSLA) CEO Elon Musk over Trump’s proposed “One Big Beautiful Bill.” Musk slammed the bill for its projected $3 trillion increase to the U.S. deficit, warning that Trump’s protectionist tariffs could spark a U.S. recession. In response, Trump retaliated by threatening to cut off government subsidies to Musk’s ventures.

Despite the drama, BlackRock’s iShares Bitcoin Trust (IBIT) hit a major milestone — surpassing $70 billion in assets under management. This makes IBIT the fastest ETF to ever reach that figure, beating the previous record set by SPDR Gold Shares (NYSEARCA:GLD), which took 1,691 trading days. IBIT accomplished the feat in just 341 days, according to Bloomberg ETF analyst Eric Balchunas.

Strategy Deepens Bitcoin Exposure

Meanwhile, Strategy, a leading business intelligence firm, announced it acquired 1,045 BTC for $110.2 million, paying an average of $105,426 per BTC. The firm now holds 582,000 BTC, purchased at a blended cost of $70,086 per coin.

This latest purchase follows the company’s $1 billion upsized Series A Perpetual Stride Preferred Stock (STRD) offering, reinforcing its reputation as the most aggressive corporate holder of Bitcoin. Strategy’s ongoing BTC accumulation continues to inspire smaller firms to add crypto exposure to their balance sheets.

For example, The Blockchain Group recently partnered with French asset manager TOBAM to launch a €300 million ATM-style capital program aimed at building its Bitcoin treasury reserves.

Bitcoin Climbs on Global Tariff Talks

Bitcoin (BTC) responded positively to news of productive trade talks between U.S. and Chinese officials in London, gaining 2% on Monday and trading above $108,000. Market watchers say any progress on tariff reductions or avoidance of economic retaliation could improve investor sentiment and reduce market headwinds.

Crypto ETF Inflows Signal Strategic Shifts

The recent crypto ETF inflows — especially those led by Ethereum — point to a possible rebalancing of institutional strategies. While Bitcoin remains the dominant crypto asset, Ethereum’s evolving ecosystem and real-world applications are drawing renewed interest from fund managers.

In parallel, record-breaking ETF milestones like IBIT’s ascent to $70 billion highlight how mainstream crypto investment vehicles are becoming deeply embedded in the broader capital markets landscape.

As the crypto industry navigates ongoing political uncertainty, shifting regulatory winds, and a maturing investment environment, these developments suggest that crypto ETF inflows will be a key metric to watch in assessing institutional sentiment and long-term adoption.

As institutional interest intensifies and political developments continue to sway investor sentiment, the pace and direction of crypto ETF inflows could shape the next major wave of digital asset adoption.

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PANAMA CITY, June 9, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange and Web3 AI company, is proud to share the reveal of the 2025/26 Chelsea FC training kit, marking its second consecutive year as the Club’s Official Men’s Training Kit Partner. Central to this launch is the campaign “Trained on Greatness”, a powerful brand message delivered through a dynamic launch video and new visual identity, connecting the rigorous discipline of elite sports with the precision and performance of next-gen AI trading.

While the BingX logo remains proudly displayed on Chelsea FC’s official training kit, the new “Trained on Greatness” campaign deepens the shared mindset into sharper focus. From every training drill to every trading move, both teams perform with purpose, focus, and intensity. The campaign reflects how greatness is forged through discipline, preparation, and smart use of data and technology. Whether on the pitch or in the market, BingX and Chelsea FC stand united in their pursuit of excellence.

“Trained on Greatness also indicates our unswerving commitment to excellence,” said Vivien Lin, Chief Product Officer of BingX. “Whether in sports or in trading, long-term success is built on discipline, data, and continuous improvement. At BingX, we are applying this mindset to everything we do — from advancing AI-driven trading tools to developing a more intuitive, secure user experience. As we look ahead, our product roadmap will focus on empowering users to evolve with the market, just as top athletes evolve with the game.”

Since partnering with Chelsea FC in 2024, BingX has leveraged this collaboration to explore the intersection of crypto and sports, align with high-performance culture, and deepen engagement with a broader audience. As the partnership enters its next stage, BingX remains committed to delivering cutting-edge innovations that inspire both traders and fans.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

About Chelsea Football Club

Chelsea Football Club is one of the top football clubs globally and its men’s team were the FIFA Club World Cup winners for 2021, with the final when the side beat Brazilian side Palmeiras in Abu Dhabi held in 2022 due to the pandemic. That success followed winning the UEFA Champions League for a second time in 2021 with victory over Manchester City in Porto.

For more information please visit: https://bingx.com/

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DUBLIN, June 7, 2025 /PRNewswire/ — On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance‘s early-access, exclusive listing platform.

As a high-performance, modular heterogeneous blockchain network, the AB Core mainnet has been fully deployed, and—through the AB IoT sidechain and AB Connect cross-chain protocol—multi-chain interoperability is enabled; AB Wallet now supports BSC – AB cross-chain transactions and multi-asset management; the AB Foundation has launched global philanthropic projects, leveraging on-chain transparent donations and community governance to advance decentralized charity. This listing on Binance Alpha will offer global users more convenient and efficient asset mobility and participation opportunities.

Trading Highlights

$AB Live on Binance Alpha: Global users can deposit and trade $AB immediately, enjoying premium liquidity.

Airdrop Event: Eligible Binance users can claim 9,882 AB tokens on the Alpha Events page.

Trading Competition: Coming soon, with a prize pool of 115,000,000 $AB.

Details: See the official Binance announcement:
https://x.com/binance/status/1931229650543583317

This listing will significantly enhance $AB’s market depth and liquidity, and by leveraging Binance‘s custody and risk-management framework, users will enjoy major improvements in security and trading experience.

About AB

AB is a high-performance, modular heterogeneous blockchain network whose native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” vision. AB is dedicated to driving stablecoin issuance, building payment-network infrastructure, and facilitating decentralized philanthropy, thereby constructing an open, trusted global value infrastructure.

Website: https://ab.org
Global Community: https://www.ab.org/community

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The Circle IPO has officially rocked Wall Street. Since debuting on the New York Stock Exchange, shares of Circle Internet Financial (NYSE:CRCL) have climbed a jaw-dropping 288%. The stablecoin issuer priced its IPO at $31, but by Friday afternoon, CRCL shares had surged past $120, capping off a 45% single-day gain and catapulting the company’s market cap above $23 billion.

This sudden and aggressive rally is the biggest post-IPO performance of any major crypto company in 2025—and has traders, analysts, and social media abuzz with opinions on what this means for the broader digital asset sector.

Ark Invest Buys In as CRCL Trading Volume Surges

Adding to the excitement surrounding the Circle IPO, Cathie Wood’s Ark Invest scooped up 4.48 million CRCL shares across three of its ETFs. With over $41.8 million in trading volume recorded before 1:30 p.m. on Friday alone, the public market response suggests overwhelming demand.

As CRCL stock roared higher, it drew comparisons to Coinbase (NASDAQ:COIN) during its frenzied 2021 debut—though some analysts warn that such parabolic climbs often invite pullbacks as early investors take profits or lockup periods expire.

Social Media Reacts to CRCL’s Rise

Crypto Twitter (now known as X) has been saturated with commentary about the Circle IPO. One user claiming IPO pricing experience at Goldman Sachs (NYSE:GS) issued a word of caution: “Wait 90–180 days after IPO to invest,” they wrote. “Not just to allow for price discovery, but because that’s typically when the lockup period ends.”

Others, however, see the rapid appreciation of CRCL as more than just hype. The performance reflects rising institutional appetite for crypto-native companies with real-world revenue and compliance credentials—something Circle has spent years building as the issuer behind the widely used USDC stablecoin.

Will Circle Trigger a Crypto IPO Wave?

Some crypto insiders are now forecasting a wave of IPOs from other digital asset companies. “After the Circle IPO performance, there’s a large probability every equity business with more than $50 million in revenue and a defensible moat will go public,” tweeted user Solana Legend, a well-followed account in the blockchain space.

Potential candidates for follow-on IPOs include MoonPay, Gemini, Kraken, and Phantom—all of which are privately held firms with significant market share in crypto infrastructure, wallets, or trading platforms. If these firms follow Circle’s lead, 2025 could mark a record-setting year for crypto-related public listings.

A Turning Point for Digital Assets

The timing of the Circle IPO couldn’t be better. After a long crypto winter and the regulatory fallout from the FTX collapse, sentiment is shifting. With Bitcoin (BTC-USD) trading above $100,000 and Coinbase recently added to the S&P 500, crypto is increasingly seen as a maturing asset class.

Circle’s decision to go public—and the explosive performance of its stock—may cement this shift, bringing credibility and transparency to a space often criticized for lacking both.

What’s Next for CRCL Investors?

Despite the euphoria, some caution is warranted. The 288% surge in CRCL stock could invite volatility as valuation questions and regulatory scrutiny emerge. Still, the fundamentals behind Circle IPO are strong: the company is a regulated, revenue-generating entity playing a key role in global crypto payments through USDC.

If Circle can maintain its momentum while scaling securely, it may not only validate the bullish case for CRCL but also open the floodgates for other compliant, growth-ready crypto firms to enter Wall Street’s spotlight.

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The highly anticipated Gemini IPO is now officially underway, marking a key moment for cryptocurrency markets in 2025. Crypto exchange Gemini, founded by Tyler and Cameron Winklevoss, has confidentially filed for an initial public offering in the U.S., the company revealed on Friday.

The move comes as renewed investor confidence and market momentum fuel a wave of crypto and fintech IPOs, and could set the stage for a new era of institutional adoption in the digital asset space.

Crypto IPO Momentum Builds

The Gemini IPO follows the successful public debut of Circle (CRCL.N) earlier this week, which saw a strong performance on the New York Stock Exchange. According to Matt Kennedy, senior strategist at Renaissance Capital, “Pre-IPO crypto companies would be crazy not to move ahead with listings after seeing how Circle traded.”

Investor appetite for risk assets—especially in areas like crypto, artificial intelligence, and fintech—is rebounding. After years of volatility, regulatory uncertainty, and market mistrust, crypto firms are re-emerging with stronger narratives and improved fundamentals.

Gemini’s Strategic Timing

Gemini currently enables users to buy, sell, and store over 70 cryptocurrencies, positioning itself as a key player in the U.S. digital asset market. Though the company hasn’t disclosed the size or pricing details of its IPO, industry insiders see its filing as a critical signal.

“Gemini’s IPO contributes to the broader momentum and reinforces the idea that crypto-native firms are increasingly preparing to access public markets,” said Kat Liu, vice president at IPOX. Liu also pointed out that institutional capital is returning, especially toward companies with scalable models in strategic growth areas.

Gemini’s entry to the public markets could boost transparency, increase regulatory engagement, and provide the firm with much-needed capital to expand in an increasingly competitive landscape.

Crypto’s Growing Legitimacy

The Gemini IPO is part of a broader legitimization of the crypto sector. The global digital asset market is now valued at over $3.3 trillion, with Bitcoin (BTC-USD) trading above the $100,000 mark. Institutional interest surged after the SEC approved spot bitcoin ETFs in the U.S., opening the doors for retirement accounts and traditional funds to gain exposure.

Coinbase (NASDAQ:COIN), one of Gemini’s top competitors, was recently added to the S&P 500, a watershed moment that many believe laid the groundwork for other crypto firms to follow suit.

“If equity underwriters smell a new fee stream, expect the calendar to unfreeze for everything from fintech to AI chips,” said Michael Ashley Schulman, CIO at Running Point Capital Advisors. He notes that Gemini’s IPO, if successful, will confirm that the “crypto thaw” is real.

From Lawsuit to Wall Street

Tyler and Cameron Winklevoss first gained fame from their lawsuit against Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg, alleging he stole their idea for Facebook. That legal battle ended in a 2008 settlement involving cash and META stock—wealth that the twins used to pivot into the crypto industry with the founding of Gemini in 2014.

Now, with the Gemini IPO, the twins appear set to make history again—this time by leading one of the first major post-FTX collapses crypto listings in the U.S.

Will Gemini’s IPO Succeed?

While the details of the Gemini IPO remain confidential, market indicators suggest strong interest. After years of skepticism and setbacks, crypto markets are enjoying renewed optimism thanks to clearer regulations, broader adoption, and support from high-profile political figures—including Donald Trump, who has promised to be a “crypto president.”

As Gemini steps into the public spotlight, its performance could set the tone for the next wave of digital asset IPOs—and help solidify crypto’s long-awaited place in the mainstream financial ecosystem.

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DUBAI, UAE, June 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continues its advance in the crypto payment space with a limited-time campaign for the Bybit Card. Exclusive to new global users of Bybit Card, the new promotion unlocks 10% cashback in its new phase of global expansion.

The evolving payment solution eliminates traditional boundaries between digital assets and real-world transactions across markets. Championing crypto freedom, the Bybit Card elevates global convenience and access to premium events and partnerships for the crypto community wherever they are headed. Since celebrating its second anniversary at Bybit’s Dubai headquarters, the Bybit Card has unlocked for its users exclusive benefits at the Grand Millennium Hotel in Dubai, and subscription perks for selected AI tools and streaming services.

30-Day Incentive: All Spending Categories Accepted

Eligible for global users with more international markets unlocked, the new cashback scheme potentially offers new users an extra $150 in rewards in three simple steps:

1. Applying for a Bybit Card subject to verification and approval
2. Making a first-time deposit equivalent to $100 in value
3. Spending on eligible crypto transactions with the new Bybit Card in the next 30 days for 10% cashback on all eligible transactions

Existing Bybit users may also enjoy the same cashback rate up to $75 during the promotional period.

Global Accessibility, Unmatched Convenience

The Bybit Card serves nearly 2 million users worldwide as a gateway for secure and instant crypto spending at over 90 million global touchpoints. More than a payment tool, it also offers earning opportunities through cashback, rewards, and APR on crypto balances.

Incorporating crypto into their way of life in everyday spending, Bybit Card holders can tap or swipe to pay in an instant around the world. Whether they are booking a flight with Cathay Pacific or sipping a cocktail at the Ritz, users stand to get 10% back with the Bybit Card.

Key Features: 

• Crypto convenience: seamless spending in crypto, and cash withdrawals from supported ATMs around the world with the physical card available to Mastercard holders.
• No annual fees and up to 8% APR on balances.
• Year-round perks: 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits refreshed seasonally
• Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more.

The promotion is on a first-come, first served basis for a limited time only. Terms and conditions apply. For full benefits and more exclusive rewards, users may explore: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk / #TheBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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After months of explosive growth in the Solana ecosystem, meme coins like Dogwifhat (WIF) are cooling off rapidly. As on-chain metrics slide and investor sentiment wanes, many are now asking: what’s the best Solana crypto to hold ahead of the next bull run?

WIF (WIFUSDT) recently dipped below the $1 mark, down over 36% from its peak earlier this year. Once the poster child of Solana’s meme coin craze, WIF now faces mounting sell pressure. On-chain data reveals that “smart money” investors have reduced their positions by more than 50%, with whale holdings also declining by 22%.

Meme Coins Fade as Utility Gains Traction

This isn’t just a WIF-specific issue. The broader Solana meme coin market is experiencing a cooldown. Daily DEX volume has fallen to a six-month low of $2 billion, and stablecoin transfer volumes are down from $20 billion to just $2 billion. These declines signal reduced liquidity and engagement across Solana-based DeFi.

Even more telling, the number of new meme coin launches has dropped more than 50% since January. Meanwhile, declining transaction volumes are weakening deflationary pressures, since Solana burns 50% of all transaction fees.

Despite these headwinds, Solana remains a top-three blockchain by activity, and its real utility may now be taking center stage.

Solaxy: A Utility-Driven Contender for Best Solana Crypto

As meme coins lose momentum, utility-first projects are stepping into the spotlight — and Solaxy may be leading the charge as the best Solana crypto of 2025.

Solaxy (SOLX) is the first Layer-2 solution built for Solana. Its mission is clear: increase scalability, reduce failed transactions, and make building on Solana faster and more efficient. That alone is significant, as Solana has faced network congestion in the past due to its rapid adoption.

Solaxy’s infrastructure is already partially live. Developers are testing bridges, deploying smart contracts, and monitoring rollup activity via the Solaxy testnet. The ecosystem includes a custom block explorer and a cross-chain bridge, laying the groundwork for what could become the backbone of Solana’s Layer-2 economy.

Strong Growth and Real Use Cases

Solaxy’s momentum is backed by numbers. The project has raised over $44.3 million ahead of its token launch, with investors joining via SOL, ETH, BNB, USDT, or even credit cards. The presale has just 11 days left, and all purchased tokens can be staked immediately, offering returns of up to 91% APY.

Importantly, Solaxy is building beyond speculation. It will launch Igniter Protocol and Solaxy DEX, enabling seamless token creation, trading, and liquidity provisioning — a key differentiator from the meme coin market, where value often hinges on hype alone.

Its integration with the Best Wallet app also gives users a KYC-free, privacy-focused option for managing assets — an increasingly attractive feature as crypto regulations tighten globally.

Solana Ecosystem Still Has Fuel

Even as WIF and other meme coins falter, Solana’s fundamentals remain strong. In May alone, Solana posted $121 million in Real Economic Value (REV) — up 37% month-over-month and more than Ethereum (ETH) or TRON (TRX). Application revenue across top platforms like Pump, Axiom, and Raydium (RAYUSDT) reached $214 million, showing that builders are still very active on the network.

Talk of a Solana ETF is further fueling speculation that the ecosystem may soon regain momentum. But this time, it could be utility-driven crypto — not meme coins — that takes the lead.

Final Thoughts

While hype-driven tokens like WIF captured attention during the last Solana bull run, the current pullback is separating speculation from substance. Projects like Solaxy, with real infrastructure, developer adoption, and strong fundraising, offer a compelling alternative.

If you’re looking for the best Solana crypto to buy ahead of the next leg up, Solaxy is one to watch — and possibly the next breakout story in the evolving Solana landscape.

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